This is an Express Sale
Sale Ends Dec 20th 2016

Busy Dry Cleaner

Express ID: 1067

Nassau County, NY
This Listing Has Been
Sold!

Suggested Offer: $50,000


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This Listing Has 37 Indications of Interest - Act Fast!

Business Description

Busy location with great opportunity for starter cleaning and tailor business. Plenty of room to grow including large unused area to clean clothing on premises.

Financial Info

Asking Price $50,000
Gross Revenues $148,000
Down Payment $50,000 Down and Negotiable
No. of FT Employees Register to View

Q & A Register to View

Q: Why are you selling this business?

A: Retiring

Q: Do I need experience?

A: No

Q: How many years are left on your lease?

A: 10

Q: How many hours per week are you on premises?

A: 40 plus

Q: Outside of the owner(s), is there a manger or anyone who can act as the manager?

A: No

Q: Are there any new competitors in the area I should be aware of?

A: No

Q: How long have you owned the business?

A: 6 Years

Q: Can the business be run on an absentee basis?

A: Yes

Q: Have you had any legal/tax issues in the past?

A: No

Q: Are there any special licenses/permits I would need to run the business?

A: No

Q: What do you feel is the biggest impediment to growth?

A: Time

Q: Do you have clients under contract?

A: No

Q: Do you have patents/trademarks?

A: No

Q: Are there any one or two clients that make up a majority of your sales?

A: No

Q: What has been yours sales trend for the past 3 years? Up, down, flat?

A: Flat

Q: How long would you stay on for training/transition period?

A: As long as needed.

Q: Are you willing to finance a portion of the sales price?

A: No

Q: Do you have an asset list? Do you own all equipment in your business?

A: Own it all.

Q: What do you feel is the industry outlook over the next 5 years?

A: Dry Cleaning has been around for years and is still growing. Great location.